EURUSD and my ABCD pattern, which seems very possible to happen soon.
We can also hit 1.15000 are for retest of previous structure before going for a target.
AB = CD.
Target area of 1.16000 is also previous support (now resistance) on H4 from previous months, so it
confluence with our target of CD leg.
I'm gonna update this idea, whether it goes for retest or finaly for our target. Don't forget to trade carefuly guys.
We can also hit 1.15000 are for retest of previous structure before going for a target.
AB = CD.
Target area of 1.16000 is also previous support (now resistance) on H4 from previous months, so it
confluence with our target of CD leg.
I'm gonna update this idea, whether it goes for retest or finaly for our target. Don't forget to trade carefuly guys.
Note
Its comming for pullback, we will seek buys in highlighted area.Note
Literally tapped resistance and spiked up. Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.